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Yields on U.S. government debt finished higher for the first time in five sessions on Monday, bolstered by optimism around U.S. economic-growth prospects and easing uncertainty in French markets.

According to a statement from the State Department, Monday's sanctions include three individuals and six entities that facilitated weapons procurement for the Houthis.

WASHINGTON >> The U.S. Treasury and Internal Revenue Service said today they will close a tax loophole exploited by large, complex partnerships, an action that they estimated could raise $50 billion in new revenue over 10 years.

On June 6, 2024, the US Department of the Treasury (Treasury) issued a request for information (RFI) on the “uses, opportunities and risks of artificial intelligence (AI) in the financial services sector.” The RFI seeks information from a…

Former House Speaker Newt Gingrich claimed that the U.S. Treasury was flying the colors of the Palestinian state

The IRS and Treasury Department on Monday unveiled two new rules aiming to end "a major tax loophole" that the wealthiest Americans have used to avoid paying tens of billions of dollars in taxes.

The U.S. Department of the Treasury (“Treasury”) has released a Request for Information on the Uses, Opportunities, and Risks of Artificial Intelligence (“AI”) in the Financial Services Sector (“RFI”). Written comments are due by August 12…

Minneapolis Fed President Neel Kashkari on Sunday said it was a "reasonable prediction" that there would not be an interest rate cut until December.

The Treasury Department and the IRS on Monday unveiled a plan to "close a major tax loophole" used by large, complex partnerships.

Treasury bill target was narrowly missed but interest rates on the bills dropped as inflation comes down

Nairobi -- The National Treasury is soon set to appoint a debt accounting officer in order to improve the efficiency of the office in the management of public debt servicing expenditures.

The week was a rollercoaster ride in the world of cryptocurrency, with notable figures making waves and bold predictions. From Edward Snowden‘s jab at Senator Elizabeth Warren’s anti-Bitcoin stance to a crypto trader’s high-risk gamble,…

Nairobi -- The government has removed a proposal to cap taxes on registered motor vehicles at Sh100,000, meaning that those owning high-end or expensive cars will have to pay more if Finance Bill 2024 passes.

Treasury yields finished lower for a fourth straight session on Friday, touching the lowest levels in more than two months, after softer-than-expected U.S. inflation readings for May boosted expectations for a Federal Reserve interest-rate…

The producer price index fell 0.2% in May, lower than expectations, pushing Treasury yields lower.